Interested in purchasing investment houses in the 53214 zip code in Milwaukee, WI?
The zip code 53214 is in Milwaukee county with a latitude of -88.014660000000 and longitude of 43.020790000000, is in the state of Wisconsin. The average asking price of houses and condos is $124,363.00 and the average sale price was $117,252.00. this regions is classified as the Milwaukee metro area and is in the 414 area code. The location in degrees is 43° 1' 14.844" N, 88° 0' 52.776" W. The county F.I.P.S. is 55079. This zip code contains three cities including West Allis, WI (65.37%), Milwaukee, WI (27.40%), and West Milwaukee, WI (7.22%) The total land area is 7.3 square miles and the water area is 0.0 square miles. The elevation in this area is 666 - 771 feet. The zip code is on central standard time and observes daylight savings time.
The zip 53214 is in county number 079 and is L. Sector , L. Segment , H. Sector , and H. Segment . The population was 35,930 in 2019 and 34,725 in 2010. This further breaks down to 17,887 males (49.8%) and 18,043 females (50.2%). The median age of residents is 36.7 years. The population of the greater Milwaukee-Waukesha-West Allis, WI area is 1,560,515. The population density (people per square mile) is 4,940. This zip code has a combined total of 17,127 houses and condos. There are 7,750 rented appartments. 49% of residents rent versus the 49% of residents in the state who rent.
The financial status of those living in this area is considered lower middle class. The average individual gross adjusted income is $39,708 and the average salary is $37,382. The median household income of individuals is $47,832.00 and the average is $43,870.00. This zip code has a mean commute time to work of 23.1 minutes. The unemployment rate is 5.0%. Income earners by percent breakdown as 52.40% (Under $50,000), 36.80% ($50,000-$100,000), and 10.80% earn over $100,000. 12.9% of residents live below poverty line versus the 10.4% in the state that are below this line. The cost of living index is 97.1. The educational breakdown is 90.9% have a high school education or higher, 24.4% have a bachelor's degree or higher, and 7.1% have some kind of profesional degree.
This area has 15,688 households and the average size is 2.2 people. Individuals who are single and have never been married are 42.2%, 37.6% are now married, 1.5% are separated, 5.5% are widowed, and 13.3% are divorced. The average yearly contribution amount given by people to charity was $1,784 versus the state average of $3,370. The percent of residents who gave to charity was 20.5%.
The estimated median value of houses and condos is $149,718. The median monthly owner costs of mortgage holders was $1,310, where as the costs for those who don't have a mortgage are $587. The median number of rooms in houses and condos are 5.8 versus apartments which had a median number of 4.2.
The real estate tax percent rate is 2.4% which equated to an average real estate tax amount payment of $3,650. In comparision, the average real estate tax percent rate in the state is 1.7% which equated to an average real estate tax amount payment in the state of $3,320. The median housing property tax percent for residents with mortgages was 2.4% which amounted to an average tax amount of $3,695. Conversely, the median housing property tax percent for residents who don't have mortgages was 2.6% which amounted to an average tax amount of $3,556. Reported taxable interest for persons was $603, dividends $2,292, capital gains +$3,077, and itemized deductions $16,013. The average earned income tax credit is $2,002. The percent of individuals that use a tax preparer is 45.1%. The total average income taxes paid by individuals was $7,235. Businesses reported an average profit of $8,979.
Milwaukee Steakhouse
6024 W Bluemound Rd, Milwaukee, WI 53213 (2.1 miles away)
McCormick & Schmick's Seafood Restaurant
2550 N Mayfair Rd, Milwaukee, WI 53226 (2.3 miles away)
Saz's State House
5539 W State St, Milwaukee, WI 53208 (3.4 miles away)
Wild Olive Inc
13275 Watertown Plank Rd, Elm Grove, WI 53122 (3.9 miles away)
Red Lobster
2801 N Mayfair Rd, Wauwatosa, WI 53222 (4.3 miles away)
Crazy Water
839 S 2nd St, Milwaukee, WI 53204 (4.4 miles away)
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